Members of corporate boards increasingly recognize that financially ailing carriers can topple directors and officers liability coverage towers, but they also need to structure strong programs in the event their own firms enter bankruptcy, according to experts.

Insurance brokers speaking at the S&P 2009 Insurance Conference in early June said buyers remain unlikely to give up on primary carriers they have existing relationships with. Still, concerns about carrier solvency are emerging in discussions with D&O buyers and percolating up through excess layers, they said.

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